STAFF WRITER 16:53 HRS IST
Mumbai, Oct 28 (PTI) Stock market benchmark Sensex slipped below the psychological 20,000 level today and ended 64 points lower as investors preferred to remain cautious ahead of RBI's policy meet next week, apprehending a hike in short term rates.
Extending losses for the third consecutive session, the 30-share barometer of the Bombay Stock Exchange ended lower by 64.33 points, or 0.32 per cent, at 19,941.04 -- the lowest close since October 20, when it had closed at 19,872.15.
The wide-based 50-share Nifty index of the National Stock Exchange too lost 0.41 per cent to finish at 5,987.70.
The session was very volatile today, as it was the last day for traders to roll over positions in the derivatives segment, marketmen said, adding that range-bound trade is expected to continue in near term.
Extending losses for the third consecutive session, the 30-share barometer of the Bombay Stock Exchange ended lower by 64.33 points, or 0.32 per cent, at 19,941.04 -- the lowest close since October 20, when it had closed at 19,872.15.
The wide-based 50-share Nifty index of the National Stock Exchange too lost 0.41 per cent to finish at 5,987.70.
The session was very volatile today, as it was the last day for traders to roll over positions in the derivatives segment, marketmen said, adding that range-bound trade is expected to continue in near term.
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